Housing & Real Estate — Millbrae, California
Overview
| Total Housing Units | 8,566 |
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| Occupied | 7,998 |
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| Vacant | 568 |
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| Owner-Occupied | 5,055 |
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| Renter-Occupied | 2,943 |
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| Median Home Value (Census) | $1,934,900 |
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| Estimated 2026 | ~$1,949,000 |
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| Median Rent | $3,401/mo |
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| Median Property Tax | $9,996/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 25.0% |
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| Severely Rent-Burdened | 44.0% |
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Housing Age
| Built 2010 or later | 511 |
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| Built 2000-2009 | 439 |
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| Built 1990-1999 | 329 |
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| Built before 1960 | 4,034 |
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| Median Year Built | 1960 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
